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What is doctrine of equity in received law?

what is doctrine of equity


How does equity view the doctrine of Jus accrescendi?

Equity may uphold or override the doctrine of Jus accrescendi depending on the specific circumstances of a case. Equity seeks to ensure fairness and prevent unjust enrichment, so it may choose to apply or modify the doctrine to achieve a just outcome.


What is the doctrine of equity in received law?

The doctrine of equity in the received law refers to the principles of fairness and justice that supplement strict legal rules. It allows courts to consider individual circumstances and provide remedies that are not available through common law. This doctrine aims to prevent injustice and ensure a fair resolution of disputes.


Doctrine of equity by virtue evolution describe as a child circumstance.how valid is the above statement?

The statement suggests that the doctrine of equity has evolved over time to adapt and respond to changing circumstances, much like a child grows and matures in different environments. This comparison is valid as equity principles have indeed developed to address new social, economic, and legal challenges as they arise, aiming to achieve fairness and justice in an ever-changing society.


What does the doctrine of equity provide in legal proceedings?

The doctrine of equity provides a set of principles that aim to achieve fairness and justice in legal proceedings. It allows judges to consider individual circumstances and apply discretion to ensure a just outcome, especially when strict application of the law may lead to unfair results.


Difference between equity and owner's equity?

EQUITY:- Equity is the term in which liability is introducedOwner Equity :- Owner Equity is the term in which liabilty and owner capital is introduce...it is some time called Equities....


What is net equity?

net new equity is given by the formula; new equity-old equity- addition to retained earnings


What is the singular possessive of equity?

The possessive form of the singular noun equity is equity's.


What is net new equity?

net new equity is given by the formula; new equity-old equity- addition to retained earnings


What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?

The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.


What is Net new equity raised?

net new equity is given by the formula; new equity-old equity- addition to retained earnings


How to calculate the average shareholders' equity?

To calculate the average shareholders' equity, add the beginning shareholders' equity to the ending shareholders' equity and divide by 2. This gives you the average shareholders' equity for the period.